Analyst: About 170,000 BTC net outflow from CEX in the past 30 days, buyers dominate the market
According to ChainCatcher, market sources report that analyst Axel Adler Jr stated that buyers are currently dominating centralized exchanges.
The analyst noted that 30-day net flow data shows a net outflow of approximately 170,000 BTC from exchanges, meaning that over the past month, about 170,000 more BTC have left exchanges than have entered, indicating a clear buyer-dominated trend.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Decentralized prediction platform OracleX will launch its global public beta on December 1.
Michael Saylor releases Bitcoin Tracker information again, possibly hinting at another BTC purchase
Large token unlocks for SUI, ENA, SANTOS, and others scheduled for next week
November was the second worst month for Bitcoin this year, with spot ETF recording a $3.48 billion outflow.
